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Identity and Commitment: Sen's Conception of the Individual

Davis, John B. - 2004

with recent standard economics' explanation of social identity in terms of conformity. Sen's concept of commitment is …This paper develops a conception of personal identity for Amartya Sen's capability framework that emphasizes his self …-scrutinizing aspect of the self and related concept of commitment, and compares this conception to the co1lective intentionality-based one …

Persistent link: https://www.econbiz.de/10010325342

Insurance and Information: Firms as a Commitment Device

Bovenberg, A.L.; Teulings, Coen N. - 2001

We explore the role of firms in insuring non-verifiable output. As a device that allows workers to commit to thedelivery of their output, the firm arises endogenously as an alternative to the market if workers are sufficiently riskaverse and the firm can base its incentive payments on good...

Persistent link: https://www.econbiz.de/10010325071

Decision Initiation, Decision Implementation, and the Allocation of Decision Rights

Sloof, Randolph; von Siemens, Ferdinand A. - 2015

Organizations must not only take the right decisions, they must also ensure that these decisions are effectively implemented. Fama and Jensen (1983) argue that the same members of many organization are often responsible for both decision initiation and implementation. If these have social...

Persistent link: https://www.econbiz.de/10011403558

Endogenous Effort Norms in Hierarchical Firms

Tichem, Jan - 2013

This paper studies how a three-layer hierarchical firm (principal-supervisor-agent) optimally creates effort norms for its employees. The key assumption is that effort norms are affected by the example of superiors. In equilibrium, norms are eroded as one moves down the hierarchy. The reason is...

Persistent link: https://www.econbiz.de/10010328327

The Flipside of Comparative Payment Schemes

Buser, Thomas; Dreber, Anna - 2013

Comparative payment schemes and tournament-style promotion mechanisms are ubiquitous in the work place. We test experimentally whether they have a negative impact on the willingness to cooperate. Participants first perform in a simple task and then participate in a public goods game. The payment...

Persistent link: https://www.econbiz.de/10010328328

On the Dynamics of Interest Group Formation and Endogenous Policymaking

Sadiraj, Vjollca; Tuinstra, Jan; van Winden, Frans A.A.M. - 2000

We present a dynamic model of the interaction between interest groupsand policymakers, featuringendogenous interest group formation. We show that complicated dynamicpatterns in economicpolicies may arise once interest group formation is taken intoaccount.

Persistent link: https://www.econbiz.de/10010324602

Limitations on De-collectivisation in Central European Agriculture

Bezemer, Dirk J. - 2000

Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...

Persistent link: https://www.econbiz.de/10010324619

Greasing the Wheels of Trade

van Dalen, Hendrik P.; van Vuuren, Aico P. - 2003

How much does a nation spend on resources to 'grease the wheels of trade'? To examine this question the Dutch economy is used as an exemplary case as the Netherlands are known as a nation of traders. This image was derived in the seventeenth century from successes in long distance trade,...

Persistent link: https://www.econbiz.de/10010324796

Trade, Trust and Transaction Cost

den Butter, Frank A.G.; Mosch, Robert H.J. - 2003

Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade...

Persistent link: https://www.econbiz.de/10010324925

Organization Context and Human Resource Management in the Small Firm

de Kok, Jan; Uhlaner, Lorraine M. - 2001

This paper examines the relationship between organization contextual variables and humanresource management (HRM) practices in small firms. The proposed model is based on anintegration of theoretical perspectives, including the resource-based approach, institutionaltheory, transaction cost...

Persistent link: https://www.econbiz.de/10010325042